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The Congress blames Modi's policies for extreme wealth concentration, with 1,687 people holding half India’s wealth, threatening democracy and social stability.
The Congress party, through general secretary Jairam Ramesh, accused the Modi government of enabling extreme wealth concentration, stating that 1,687 individuals now hold half of India’s wealth—equivalent to nearly half the country’s GDP—according to the M3M Hurun India Rich List 2025.
Ramesh claimed the government’s policies favor a small group of industrialists, worsening inequality, weakening social programs like MGNREGA, and undermining democracy by allowing economic power to influence political decisions.
He warned that rapid billionaire growth, with a new billionaire added weekly, threatens social stability and the nation’s democratic foundations.
El Congreso culpa a las políticas de Modi por la extrema concentración de la riqueza, con 1,687 personas que poseen la mitad de la riqueza de la India, amenazando la democracia y la estabilidad social.